Navitas (NVTS) Director Cristiano Amoruso Receives 9,990 RSUs

What Happened

• Cristiano Amoruso, a director of Navitas Semiconductor Corp (NVTS), was granted 9,990 restricted stock units (RSUs) on 2026-07-22. The Form 4 reports an acquisition at $0.00 (transaction code A), i.e., an award rather than a purchase; reported value on the form is $0.00.
• The RSUs convert to one share of Class A common stock each upon vesting; they vest in full on June 25, 2027. This is a routine board compensation award, not a market purchase or sale.

Key Details

• Transaction date: July 22, 2026; Form 4 filed August 26, 2026 (appears to be a late filing — Form 4s are generally due within 2 business days).
• Transaction type/code: Grant/Award (A). Reported acquisition: 9,990 RSUs at $0.00.
• Vesting: RSUs vest in full on June 25, 2027 per footnote F1; each RSU equals one share on vesting.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 confirms this is the annual RSU award for the 2026–2027 board term under the company’s director compensation program and the 2021 Equity Incentive Plan.

Context

• Director RSU grants are common as non-employee director compensation and do not by themselves indicate buying or selling sentiment. These RSUs only become stock if/when they vest and any applicable company policies or tax-withholding is satisfied.
• The late filing can reduce the timeliness of disclosure for investors; it does not change the nature of the award but affects how quickly the market was informed.